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GameStop, BlackBerry, AMC stocks see trading halts as social media hype drives volatility

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globalnews.ca

Stocks of GameStop, BlackBerry and AMC Entertainment Holdings all saw trading halts on Wednesday morning amid continued volatility widely attributed to social media chatter.The New York Stock Exchange briefly paused trading on GameStop and AMC stocks shortly before 10:15 a.m.

ET, while the Investment Industry Regulatory Organization of Canada (IIROC) announced at 9:54 a.m. ET a temporary suspension of BlackBerry shares.The moves come as all three stocks have been soaring for a fourth day running, sparking calls for scrutiny of a social media-driven trading frenzy.The rally has also forced some hedge funds to retreat with heavy losses.

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